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TradeStars

TradeStars: Advancing Fantasy Sports Experience Leveraging Blockchain Technology!

Bitcoinist by Bitcoinist
2 years ago
in Press releases
0

Level up your Fantasy Sports Gaming Experience with TradeStars’ Suite of Advanced Features!

As one of the fastest-growing markets, Fantasy Sports gaming has recorded tremendous recognition and innovation in the last two years. Fantasy Sports has attracted remarkable attention worldwide with its market value on the roll and massive user-base.

Fantasy Sports gaming platforms offer opportunities to sports enthusiasts to utilize their sports knowledge to participate and earn points that they can convert into real-life money. Studies show that this Play-to-Earn (P2E) model is the most significant contributor to the fame and success of Fantasy Sports gaming projects.

What is Fantasy Sports?

In short, it’s an online game allowing you to make a virtual team of real-life players and earn using the points you make as per their performance on the field in real-life matches. In general, all the Fantasy Sports protocols offer the P2E feature and additional opportunities like special contests, seasonal rewards, giveaway programs, etc.

Diversity Keeps It Fresh & Fun

Besides the rewards and financial benefits, this rapidly growing ecosystem attracts users through a highly thrilling and enthusiastic experience of diverse Fantasy Sports and games. These sports range from cricket to football, basketball, kabaddi, baseball, and more.

Moreover, various Fantasy Sports protocols are renowned for their unique in-game structure. From Daily Fantasy Sports to tournament matches or test series, users can participate in any favorite Fantasy Sports. The most notable names catering to this enthusiastic fandom and popularizing it worldwide are DraftKings, Dream11, and MyTeam11.

However, there are numerous shortcomings in most of the existing Fantasy Sports platforms that can lead to various conclusions like fraud, point manipulation, and other issues. For example, centralized systems, transparency issues, vulnerability to human error, intervention, deceit, trust issues, etc.

TradeStars Enhancing Fantasy Sports Gaming Experience

With a collection of Fantasy Stocks of world-class athletes, TradeStars has gained remarkable recognition for its in-game structure in the industry. A P2E Fantasy Sports Game platform, designed carefully keeping users’ most crucial needs in mind, TradeStars aims to advance users’ gaming experience in multiple ways.

TradeStars, unlike many Fantasy Sports protocols, leverages blockchain technology to decentralize the entire gameplay mechanics and increase transparency. This decentralization resolves the trust issues, prevents fraud, and enhances accessibility. Built on the Ethereum blockchain and powered by Polygon (Matic Network), TradeStars eliminates human interference. Trades are mainly carried out via smart contracts maintaining security and transparency, and the transactions are recorded on the blockchain that is easily accessible to anyone.

TradeStras allows you to buy F-NFTs or Fractional Non-Fungible Tokens, representing the players’ Fantasy Stocks listed on TradeStras. This fractionalization allows users to buy and sell fantasy stocks in any customized fraction, lowering participants’ economic barrier of entry.

Another great feature that TradeStars offers the community is its 24*7 gameplay system. It allows both live and beyond live match opportunities. Users can trade in any players’ Fantasy Stock regardless of them performing in a live match. For this case, the price of each player’s Fantasy Stock is initially determined by their performance in the past 10 to 15 matches. This price remains stagnant until the players are unlocked and later driven by the players’ performance and demand and supply.

Whereas on other Fantasy Sports platforms, users buy Fantasy Stocks in exchange for money; on TradeStars, you can swap between Fantasy Stocks. For example, if you already hold F-NFTs of Virat Kohli but for the change in plan, you can just swap between the two to invest in Nitish Rana’s Fantasy Stocks.

Looking into the Future

TradeStars is determinedly taking an extra mile to make Fantasy Sports more advanced, fun, easy to navigate, and rewarding. In the upcoming days, we also plan to bring different sports and launch new features to enhance further and advance your Fantasy Stocks trading experience of your favorite athletes.

Trade Fantasy Stocks of Your Favorite Athletes only on Tradestars.app

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